SUPPLEMENT A

Spreadsheet Modeling: An Introduction

Before studying this supplement you should know or, if necessary, review

  1. Familiarity with spreadsheets.
  2. Knowledge of basic Excel commands.

LEARNING OBJECTIVES

After completing this supplement you should be able to

images Explain what models are and why they are used.

images Identify the main types of models.

images Describe the different components of mathematical models.

images Identify the recommended steps in the spreadsheet modeling process.

images Explain the importance of model correctness, flexibility, and documentation.

images Construct spreadsheet models applying sound modeling principles.

images Enter key Excel formulas and functions in models.

images Use the Goal Seek and Data ...

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